Serviced apartment prices under pressure as supply surges
PETALING JAYA (April 30): Luxury serviced apartments in certain locations in the country have seen their market prices reduced by up to 14% amidst rising supply in the market.
Johor residential property transactions grew in 2019
PETALING JAYA (April 30): Residential property transactions in the state of Johor saw an uptick in 2019.
Sharp rise in Selangor serviced apartment overhang
PETALING JAYA (April 30): Selangor’s serviced apartment/SOHO overhang units saw a drastic increase in 2019.
Malaysian retail malls' occupancy at 79% in 2019, offices at 81%
PETALING JAYA (April 29): The shopping complex or retail property sector's performance was stable last year, recording an overall occupancy rate of 79.
Property overhang down 5% in 2019 but serviced apartment segment spiked
PETALING JAYA (April 29): The residential property overhang and unsold residential property situation in the country improved last year (2019).
Malaysian property transactions up almost 5% in 2019
PETALING JAYA (April 29): The Malaysian property market had shown marginal improvement last year (2019) with a total of 328,647 transactions worth RM141.
MIDA: Approved investments in manufacturing, services and primary sectors rose 1.7% in 2019
KUALA LUMPUR (April 21): The Malaysian Investment Development Authority (MIDA) said total approved investments for the manufacturing, services and primary sectors rose 1.
MITI lists SOP for essential businesses operating during MCO
KUALA LUMPUR (April 16): The Ministry of International Trade and Industry (MITI) has released its amended list of essential services which are allowed to operate during the Movement Control Order (MCO) period, along with the standard operating procedure to be obeyed by these businesses.
DONE DEAL: Serviced apartment, Swiss-Garden Residences, Kuala Lumpur
Sold for: RM510,000 (RM927.
